Lot 1 River Bank, Spring Valley, IL

$795,000

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11.16

Acres

About Lot 1 River Bank

Presenting a rare opportunity to acquire a working riverfront asset along the Illinois River, positioned for marine, logistics, and recreational use. This property offers direct river access with established barge tie-offs, making it ideally suited for operators seeking a strategic presence along a key Midwest waterway. The site includes a historic clubhouse structure and functional river frontage, supporting ongoing marine operations. A current assignable lease in place through July 31, 2030 provides immediate income, with flexibility via a 180-day termination option by either party. This property is best suited for marine and barge operators (fleeting, switching, mooring), river-based logistics users, recreational or outdoor-oriented ownership, strategic assemblage with nearby upland parcels. While the property offers unique riverfront capabilities, it is located within a regulated floodway, making it ideal for water-dependent and low-impact uses. Additional incentives may be available through the Enterprise Zone and Illinois Valley Port Authority, enhancing its appeal for qualified users. This is a rare chance to control functional Illinois River frontage with existing operational utility and income in place. EM to be payable via certified funds to Coldwell Banker Real Estate Group.

Features of Lot 1 River Bank

MLS® # 12479525
Price $795,000
Bathrooms 0.00
Acres 11.16
Type Land
Sub-Type Land
Status Active
Taxes $784

Community Information

Address Lot 1 River Bank
Area Spring Valley
City Spring Valley
County Bureau
State IL
Zip Code 61362

Amenities

Parking Gravel
Is Waterfront Yes
New Construction No
Has Pool No

Interior

Heating Propane
Fireplace No
Has Basement No
Basement None

School Information

District 502
Middle John F Kennedy Elementary School
High Hall High School

Additional Information

Days on Market 214
Zoning OTHER
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Commercial Real Estate Group

Listing Map

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